U.S. Dollar Firms on Positive Labor Data
The U.S. dollar advanced in late trading on Wednesday, following economic data indicating a…
Browsing Tag
Inflation
Sri Lanka’s Worst Economic Crisis In Decades
Rome (16/11 – 57)
Sri Lanka is mired in a deep political and…
Sri Lanka Leader Succeeded In Bringing About Democratic Political Transition
Berlin (21/09 - 40)
His Excellency Ranil Wickremesinghe, President of Sri Lanka, spoke at the General…
U.S. Inflation Too “Sticky”: Turkish Analyst
Inflation in the United States has become so "sticky" that the Federal Reserve's interest rate policy has been…
US Fed official says high interest rates here to stay
The US Federal Reserve will likely need to keep interest rates higher for longer in order to firmly bring down…
Gold Falls as U.S. Inflation Rises
Gold futures on the COMEX division of the New York Mercantile Exchange fell on Wednesday as U.S. inflation…
UK Inflation Shock: This is Really Grim
This is a grim number. Inflation isn't just stubborn, or sticky. It is, on the latest numbers, stuck. These…
Kazakhstan: Purchasing Power Cramped by Inflation
Kazakhstan is the only member of the Russia-led Eurasian Economic Union trading bloc in which purchasing power…
UK Interest Rates: Prices to be Higher for Longer, Bank of England Warns
Soaring food costs mean prices will remain higher for longer, the Bank of England warned, as it raised…
China’s Inflation Cools to 0.1%, its Slowest Pace in Two Years
Deflationary pressure in China is worsening as consumer prices increased at their slowest pace in two…